Tag: used vehicle sales

Carvana’s earnings are expected to continue on a positive trajectory in the first quarter, driven by operational efficiency improvements and ...

Vroom has paid the balance on its floorplan facility with Ally Financial, sold nearly all of its used-vehicle inventory, cut ...

Affordability challenges are prompting an uptick in leasing and financing of older vehicles as consumers look to lower their monthly ...

USAA is strategically financing certain vehicle types as banks and independent auto finance companies face a challenging market driven by ...

Sonic Automotive’s closure of its Northwest Motorsport dealerships on Jan. 23 not only further shrinks the retailer’s used-vehicle business, EchoPark ...

Sonic Automotive-owned, used-car dealer group Northwest Motorsport closed its doors Jan. 23, citing market concerns.   The Puyallup, Wash.-based dealership ceased ...

Dealerships that target deep subprime consumers are seeing stagnation in add-on product sales as lenders tighten credit standards.   A ...

Shift Technologies is preparing to file for Chapter 11 bankruptcy as part of a wind-down of the automotive retailer’s business.   ...